16.08.2007

Deutsche Beteiligungs AG continues share buyback

Announcement consistent with § 15 WpHG (German Securities Trading Act) 
Deutsche Beteiligungs AG, WKN 550 810 / ISIN DE0005508105

At the Annual Meeting on 28 March 2007, shareholders again granted an authorisation to the Board of Management of Deutsche Beteiligungs AG for the repurchase of own shares equating to up to ten percent of the capital stock. This authorisation is valid until 27 September 2008.

On 15 June 2007, Deutsche Beteiligungs AG purchased 750.000 own shares from IVEC Institutional and Venture Equity Capital AG, Cologne, thereby repurchasing approximately 4.95 percent of its shares. The shares were cancelled without reducing the capital stock on 30 July 2007.

The remaining five percent of own shares that may still be repurchased based on the existing authorisation are now to be acquired through an on-market repurchase programme.

The Board of Management today resolved to buy back up to 727,505 shares in Deutsche Beteiligungs AG via the stock exchange and commissioned a bank as the independent dealer managers for the offer. The bank will make its decision on the date on which the purchase of shares in Deutsche Beteiligungs AG will commence independent of and uninfluenced by the Company. The share buyback programme via the stock exchange expires on 31 January 2008, but may be terminated earlier; a possible earlier termination will be announced by the Company on an ad-hoc basis. The Board of Management specified that the maximum purchase price will be 25.00 euros per share.

The Board of Management is seeking to further optimise the Company's capital efficiency through the buyback programme. At 30 April 2007, Deutsche Beteiligungs AG recorded a cash position of 111 million euros. In the interim closing at 31 July 2007, the Company expects to record liquidity of more than 130 million euros.

The shares repurchased will again be retired without reducing the capital stock.

Deutsche Beteiligungs AG will regularly issue status reports on the share buyback programme. Details can be accessed on the Company's web site at www.deutsche-beteiligung.com under the heading "Share buyback – Current status".

Frankfurt am Main, 16 August 2007 
The Board of Management